I’m about the worst investor in the world, so there’s no reason to listen to me on this one. But my guess is that the market won’t bottom out until the Dow is around 6,000 to 6,500. Then begins the slow creep back, which this time, I suppose, will be constrained by the need for actual corporate profits. Things were so much easier when we had a New Economy!
-
-
Most Read on Power Line
Donate to PL
-
Our Favorites
- American Greatness
- American Mind
- American Story
- American Thinker
- Aspen beat
- Babylon Bee
- Belmont Club
- Churchill Project
- Claremont Institute
- Daily Torch
- Federalist
- Gatestone Institute
- Hollywood in Toto
- Hoover Institution
- Hot Air
- Hugh Hewitt
- InstaPundit
- Jewish World Review
- Law & Liberty
- Legal Insurrection
- Liberty Daily
- Lileks
- Lucianne
- Michael Ramirez Cartoons
- Michelle Malkin
- Pipeline
- RealClearPolitics
- Ricochet
- Steyn Online
- Tim Blair
Media
Subscribe to Power Line by Email
Temporarily disabled
Notice: All comments are subject to moderation. Our comments are intended to be a forum for civil discourse bearing on the subject under discussion. Commenters who stray beyond the bounds of civility or employ what we deem gratuitous vulgarity in a comment — including, but not limited to, “s***,” “f***,” “a*******,” or one of their many variants — will be banned without further notice in the sole discretion of the site moderator.